2-bed · 1,231 sqftThe Residences at Marina Gate 2, Dubai Marina · 32nd floor · completed 2019

3206, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in August 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3206 · DLD and Ejari recordsUpdated 2 March 2026
Last soldAED 1.88M29 August 2019
Current rentAED 160K /yr2 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3206, The Residences at Marina Gate 2

What is 3206 worth today?

Last sold for AED 1,882,500 in 2019

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2 Mar 2026RentedNew contract
AED 160,000/yr12 months · AED 130 per sqft
6 Dec 2024RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft
6 Dec 2024RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft
6 Dec 2023RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft
6 Dec 2022RentedNew contract
AED 130,000/yr12 months · AED 106 per sqft
6 Dec 2021RentedRenewal
AED 110,000/yr12 months · AED 89 per sqft
6 Dec 2020RentedNew contract
AED 115,000/yr12 months · AED 93 per sqft
3 Nov 2019RentedNew contract
AED 130,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 2 March 2026.

Key facts

Type
2-bed apartment
Size
1,231 sqft
Floor
32nd of 64
Parking
L1-73
Developer
Select Global Development
Completed
2019
Service charge
AED 20,900 /yr
Last sold
AED 1.88M · August 2019

About 3206, The Residences at Marina Gate 2

3206 is a two-bedroom apartment of 1,231 sqft on the 32nd floor of The Residences at Marina Gate 2, a 64-storey tower in Dubai Marina completed in 2019 by Select Global Development. The developer sold it on 29 August 2019 for AED 1,882,500, or AED 1,528 per sqft, 22% below the AED 1,953 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 2 March 2026, is AED 160,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 20,900 a year.

Sales and rents for 3206 over time

Sales
Unit 3206, each saleTypical two-bed in The Residences at Marina Gate 2
2M3M20152018202120242027Typical sale price by year: 2015 AED 2,640,330; 2016 AED 2,535,600; 2017 AED 2,521,000; 2018 AED 2,530,000; 2019 AED 2,417,000; 2020 AED 2,490,000; 2021 AED 2,332,483; 2022 AED 3,000,000; 2023 AED 3,120,000; 2024 AED 3,387,500; 2025 AED 3,437,500; 2026 AED 3,550,000Sold by developer, August 2019: AED 1,882,500 (AED 1,528 per sqft)

3206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3206, each contractTypical two-bed in The Residences at Marina Gate 2
100K150K200K20192021202320252027Typical rent by year: 2019 AED 135,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 146,750; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 200,000; 2026 AED 195,000New contract, November 2019: AED 130,000 a yearNew contract, December 2020: AED 115,000 a yearRenewal, December 2021: AED 110,000 a yearNew contract, December 2022: AED 130,000 a yearRenewal, December 2023: AED 130,000 a yearRenewal, December 2024: AED 130,000 a yearRenewal, December 2024: AED 130,000 a yearNew contract, March 2026: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Residences at Marina Gate 2, and where 3206 sits

All 178 2-beds →

3206 last sold in August 2019 at AED 1,528 per sqft, 22% below what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,953). Over the last 12 months two-beds sold for AED 3,100,000 to 8,800,000, around AED 2,883 per sqft, and rent for AED 69,806 to 280,000 a year. 3206's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20263,350,000
1 Oct 20268,800,000
7 Jul 20263,100,000
26 Jun 20263,100,000
9 2-bed sales in the last 12 months

The Residences at Marina Gate 2

Building

511 apartments, 1-bed to 5-bed over 64 floors in Dubai Marina, completed in 2019 by Select Global Development. 30 sold in the last 12 months.

Typical price per sqft
AED 2,967 Down 5.5%
Typical sale
AED 3.15M
Typical rent
AED 150K /yr
Typical yield
5.3%
The Residences at Marina Gate 2, Dubai Marina: prices, sales and rents →
Value
32012-bedAED 4.15M · Jun 2023
32023-bedAED 3.9M · Jan 2022
32032-bedAED 2.15M · Oct 2020
32041-bedAED 1.3M · Dec 2020
32051-bedAED 1.8M · Mar 2017
32071-bedAED 2M · Feb 2025
32081-bedAED 2M · May 2025
1–7 of 10

3206, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 29 August 2019 for AED 1,882,500, or AED 1,528 per sqft.
  • Rented since November 2019 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 110,000 in 2021 and recovered to AED 160,000 by March 2026.
  • At AED 160,000 a year the gross yield on the 2019 price is 8.5%, before a service charge of about AED 20,900 a year (AED 17.00 per sqft).
  • Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000–8,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,967 per sqft.

Source: Dubai Land Department. Updated 2 March 2026.

Questions about 3206, The Residences at Marina Gate 2

What did unit 3206 last sell for?

AED 1,882,500 on 29 August 2019, sold by the developer: AED 1,528 per sqft for 1,231 sqft. It is the only registered sale of the unit.

What is the rent for unit 3206?

AED 160,000 a year on the contract signed on 2 March 2026. The previous contract, from December 2024, was AED 130,000; the unit has been rented since November 2019.

How big is unit 3206?

1,231 sqft (114.4 sqm): a two-bedroom apartment on the 32nd floor of a 64-storey tower completed in 2019.

What is unit 3206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000 to 8,800,000 in the last 12 months, around AED 2,883 per sqft.

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Mortgage on 3206, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.88M, 29 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,882,500
Deposit, UAE resident (20%)
AED 376,500
Deposit, non-resident (40%)
AED 753,000
Monthly over 25 years at 3.7%
AED 7,702

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →